Tullow Oil Plc gained after an international body found it wasn't liable for a $320 million tax assessment in Ghana. Tullow Oil Plc gained after an international body found it wasn’t liable for ...
Tullow Oil has successfully won a tax arbitration case against the Ghana Revenue Authority, with the International Chamber of Commerce ruling that the Branch Profit Remittance Tax does not apply ...
Tullow Oil’s shares soared on Friday as investors digested the Irish-founded explorer’s victory in a major Ghana tax case, which will help the company as it goes about refinancing $1.4 billion ...
In December of that year, GRA concluded that Tullow had cheated Ghana of tax due to the tune of ~$140 million for 2013 and 2014. Tullow promptly filed a protest with the Commissioner General.
Tullow Oil PLC announced today January 2, 2025, a favorable ruling from the International Chamber of Commerce (ICC) regarding a significant tax dispute with the Ghana Revenue Authority.